Illinois General Assembly - Bill Status for HB5864

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Bill Status of HB5864 94th General Assembly

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Short Description: PROP TX-SR FREEZE EXEMPTION

House Sponsors
Rep. Robert F. Flider

Last Action

Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

35 ILCS 200/15-172

Synopsis As Introduced
Amends the Property Tax Code. Provides that for taxable years 2007 and thereafter, the amount of the Senior Citizens Assessment Freeze Homestead Exemption is the equalized assessed value of the residence in the taxable year for which application is made minus the base amount (now, the amount of the exemption is reduced based upon the taxpayer's household income). Provides that in counties having fewer than 3,000,000 inhabitants, the county board may, by resolution, provide that, if a person has been granted a Senior Citizens Assessment Freeze Homestead Exemption, then that person need not reapply for the exemption.

Actions

Date	Chamber	Action
11/21/2006	House	Filed with the Clerk by Rep. Robert F. Flider
11/21/2006	House	First Reading
11/21/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

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